Hello friends, I am Olagoke Gbade. Just as my usual practice of bringing great and valuable information to your way, today’s own will not be less as I have decided to give you information about this great innovation known as “ 4NEW KWATT.” This is An Investment Opportunity for all individual. Please seat back and relax your nerves as you read through. Also, I encourage you not to just read but as well take important step by be a part of this great innovation.
What is the KWATT Coin?
KWATT is the native token of an energy company that has figured out how to convert garbage into electricity, and they decided to bring their business to the Blockchain.
This factory that produces electricity from burning garbage will create 300 million kilowatts of electricity per year. This is also how many KWATT coins there will be in totaly supply as well. Each coin will entitle you to 1 kilowatt of the earned electricity for the year.
Here is where it gets awesome!
Not only are you already helping save the ecosystem, but you are also earning electricity in the meantime. You can either sell this electricity at the end of the year to 4NEW, or you can choose to mine one of the top 20 coins with this electricity using 4NEW's mining pool! This gives you the opportunity to make even more on the electricity and possibly earning a fortune if you choose to mine the right coin!
Where can I buy the KWATT Coin?
Here is the official 4NEW site! Make sure not to get phished. If you don't want to click my affiliate link, ;), you can type 4new.co.uk into your browser to gain access to this ICO.
KWATT Coin Price Prediction and Conclusion
This seems like a great project because it helps the world, and Blockchain enthusiasts seem to have a taste for fairness and equality. I think that it will grow steadily in price because everyone likes a coin that has a free kickback with at the end of the year. Because of the philanthropy of Blockchain users, the merit of the project, and the ability to mine coins at the end of the year just by holding tokens, I think this could easily quadruple after it launches on exchanges and I think a billion dollar plus market cap could be in near site for KWATT coin.
How can KWATT Token Holders profit
Each of the tokens available will be the equivalent to 1 KW of electricity. 4NEW plan to offer token holders the option of either using their tokens to purchase mining power on their own ming farm or to be sold back to the UK national grid.
The estimated return for selling to the national grid is just $0.05 compared to an estimated $0.2 per KW if used for mining, making it seem like a easy choice.
Token holders will then be paid a portion of the companies net revenues annually depending on which option they choose.
It's estimated that each power plant will last atleast 50 years, whilst factoring this in a pessimistic estimate for the tokens worth would be over $6, however valuations of tokens can ofcourse vary greatly in the cryptocurrency market.
Roadmap
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January 31st: End of ICO unless the hardcap is reached earlier.
Quarter 1 2018: Purchase of 3 new sites for the power plants in the UK. Start of development for the platforms own blockchain. Beta testing the new KWATT token with service providers.
Quarter 2 2018: Installation of the waste to energy plants starts on all 3 sites. Blockchain integration with the new smart meters.
Quarter 3 2018: Initial marketing to attract customers to the 4NEW services. Developing relationships with businesses with access to large quantities of waste.
Quarter 4 2018: Installation of the waste plants completed.
Additional Token Usage
Unlike many of the current ICOs, the KWATT token has a clear use on the platform. The team behind the project state that they want the token to also be used for many different types of transactions also, they've already set up deals with a few large companies and provided more uses for the token:
Mining farm: The project will also have it's own mining farm with token holders given the option of either mining or selling their electric to the national grid.
Money transfer: 2 money transfer companies that have a combined turnover of $25 million per month will also add the new KWATT token to their platforms.
Licensed pharmacy: A US Pharmacy company that processes $24 million annual sales per year also plans to accept the new token for purchases on their website.
Insurance company: There's also plans in place to offer the token as a payment method for an insurance company that has over 90,000 customers.
4NEW ICO Details
Total tokens for sale: 300 million, any unsold tokens will be burned.
Type of token: ERC20
Token Sale end date: 31st January
Price: Currently 1 ETH= 2010 KWATT
Conclusion
There's recently been a few various energy projects entering the cryptocurrency market. This one seems to be best poised to follow through with their plans.
They have an experienced team that's based in the UK. With over $30 million already raised during the initial token sale they'll have plenty of funds to get started with their project.
The token should offer investors a big incentive to hold on to their tokens with the revenue that can be earned by either mining or selling the energy back to the national grid.
Dear reader, this is just a brief of purpose, benefits and opportunity one can found from this awesome innovative project. I am sure you will desire to know more, kindly visit any of the following links:
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